Flexible supply chain finance program
eCapital helps plastics manufacturer strengthen liquidity and achieve growth
Revere Plastics, a mid-size plastics manufacturer, sought to improve its liquidity position while standardizing supplier payment terms.
To achieve this, the company partnered with eCapital to implement a flexible supply chain finance program that strengthened cash flow and enhanced supplier relationships.
THE CHALLENGE
Revere Plastics faced a common challenge for mid-market manufacturers: optimizing working capital while keeping operations running smoothly. Existing supply chain finance programs, typically designed for large enterprises, didn’t meet the needs of a company with around $250 million in revenue. At the same time, the company needed a solution that would improve liquidity without adding debt or creating additional administrative burdens.
“As a supplier, we have participated in some of the larger programs sponsored by our customers,” said Brad Frederick, CFO, Revere Plastics. “But what we found was that those were tailored to more substantial enterprises. As a private equity portfolio company with revenues closer to $250 million, we needed a supply chain finance program that would scale to meet our needs, and the more traditional players weren’t a fit. We were looking for a more white-glove experience better aligned with the needs of a medium-sized company, emphasizing customer service, attention, and flexibility.”
eCapital has provided us with a creative way to improve liquidity and assist in our growth path”
CFO, Revere Plastics
Brad Frederick
THE SOLUTION
eCapital partnered with Revere Plastics to design and implement a fast, flexible, and user-friendly supply chain finance solution. The program negotiated extended 30-day payment terms with suppliers and onboarded the initial supplier cohort within weeks using eCapital FastTrack®. An intuitive digital platform provided visibility into invoices, repayment structures, and available credit, while a dedicated customer support team guided both Revere Plastics and its suppliers. From the start, the solution delivered operational efficiency and enhanced working capital flexibility.
THE RESULTS
With eCapital’s supply chain finance program, Revere Plastics lifted working capital by an initial $4 million within months, improved cash forecasting, and strengthened supplier relationships through early payment for eligible invoices. The solution provided faster access to funds for suppliers, enhanced liquidity without adding debt, and simplified the management of invoice payments.
By taking an incremental approach to onboarding suppliers, Revere is well-positioned to expand the program further and potentially double the working capital impact, reinforcing operational stability and supplier partnerships.
“eCapital has provided us with a creative way to improve liquidity and assist in our growth path,” said Brad. “But even for other companies that aren’t in growth mode, there is also a need for liquidity. Whatever the reason, I would say eCapital certainly provides a real viable option that people don’t always think about when considering cash flow. A lot of people just think about going to the bank and looking for a line of credit or something similar, but this is a nice and creative way to enhance liquidity.”
Explore the solution that helped Revere Plastics boost working capital, streamline supplier payments, and strengthen operational efficiency.
Supply Chain Financing
Flexible financing solutions to help businesses improve cash flow, and unlock capital for growth.
